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Stocks Step Back After Fed Minutes; Loar, Monday,com, VRTX In Focus

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Manage episode 419702706 series 3568872
Content provided by Investor's Business Daily. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Investor's Business Daily or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The 10-year Treasury yield rallied a bit after the minutes from the May 1 Fed meeting were released. Just after the close, the yield was trading around 4.43%, up 2 basis points. Oil and gas stocks lagged badly, along with metals and mining stocks. Loar Holdings followed through after clearing an IPO base Tuesday; Monday.com is holding gains well after gapping up on earnings; Vertex Pharmaceuticals is near the top of a shallow cup base.

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335 episodes

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Manage episode 419702706 series 3568872
Content provided by Investor's Business Daily. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Investor's Business Daily or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The 10-year Treasury yield rallied a bit after the minutes from the May 1 Fed meeting were released. Just after the close, the yield was trading around 4.43%, up 2 basis points. Oil and gas stocks lagged badly, along with metals and mining stocks. Loar Holdings followed through after clearing an IPO base Tuesday; Monday.com is holding gains well after gapping up on earnings; Vertex Pharmaceuticals is near the top of a shallow cup base.

  continue reading

335 episodes

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